MEDI-CL: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEDI-CL
Largest movements
- Deferred charges and accrued income +€32,849
up €32,849 (+229.9%), from €14,290 to €47,139
- Tangible fixed assets +€31,722
up €31,722 (+448.2%), from €7,077 to €38,799
of which Plant, machinery and equipment: +€37,590
- Cash -€29,360
down €29,360 (-38.3%), from €76,565 to €47,205
mainly Investment in fixed assets (net) (-€39,231) and Contributions, distributions and other (-€34,564)
- Receivables within one year -€4,429
no longer reported in 2025 (was €4,429)
- Debts after one year +€34,802
new in 2025: €34,802
- Other debts -€10,400
down €10,400 (-15.6%), from €66,611 to €56,212
- Tax, wage and social debts +€4,722
up €4,722 (+82.8%), from €5,700 to €10,422
- Current portion of long-term debt +€1,660
up €1,660 (+90.6%), from €1,833 to €3,494
- Gross operating margin +€27,170
up €27,170 (+102.8%), from €26,421 to €53,591
- Taxes +€4,192
up €4,192 (+70.5%), from €5,946 to €10,137
- Depreciation +€1,641
up €1,641 (+28.0%), from €5,868 to €7,509
- Financial charges +€873
up €873 (+739.6%), from €118 to €991
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,361 | €133,143 | +€30,782 | +30.1% |
| Fixed assets | 21/28 | €7,077 | €38,799 | +€31,722 | +448.2% |
| Tangible fixed assets | 22/27 | €7,077 | €38,799 | +€31,722 | +448.2% |
| Plant, machinery and equipment | 23 | - | €37,590 | +€37,590 | |
| Furniture and vehicles | 24 | €7,077 | €1,209 | -€5,868 | -82.9% |
| Current assets | 29/58 | €95,284 | €94,344 | -€940 | -1.0% |
| Amounts receivable within one year | 40/41 | €4,429 | - | -€4,429 | |
| Other amounts receivable | 41 | €4,429 | - | -€4,429 | |
| Cash at bank and in hand | 54/58 | €76,565 | €47,205 | -€29,360 | -38.3% |
| Deferred charges and accrued income | 490/1 | €14,290 | €47,139 | +€32,849 | +229.9% |
| Total equity and liabilities | 10/49 | €102,361 | €133,143 | +€30,782 | +30.1% |
| Equity | 10/15 | €28,214 | €28,214 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €28,114 | €28,114 | = | 0.0% |
| Distributable reserves | 133 | €28,114 | €28,114 | = | 0.0% |
| Amounts payable | 17/49 | €74,147 | €104,929 | +€30,782 | +41.5% |
| Amounts payable after more than one year | 17 | - | €34,802 | +€34,802 | |
| Financial debts | 170/4 | - | €34,802 | +€34,802 | |
| Amounts payable within one year | 42/48 | €74,147 | €70,127 | -€4,020 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €1,833 | €3,494 | +€1,660 | +90.6% |
| Trade debts | 44 | €3 | - | -€3 | |
| Suppliers | 440/4 | €3 | - | -€3 | |
| Taxes, remuneration and social security | 45 | €5,700 | €10,422 | +€4,722 | +82.8% |
| Taxes | 450/3 | €5,700 | €10,422 | +€4,722 | +82.8% |
| Other amounts payable | 47/48 | €66,611 | €56,212 | -€10,400 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,868 | €7,509 | +€1,641 | +28.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €26,421 | €53,591 | +€27,170 | +102.8% |
| Operating profit (loss) | 9901 | €20,166 | €45,683 | +€25,517 | +126.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €118 | €991 | +€873 | +739.6% |
| Recurring financial charges | 65 | €118 | €991 | +€873 | +739.6% |
| Profit (loss) for the period before taxes | 9903 | €20,048 | €44,701 | +€24,654 | +123.0% |
| Income taxes | 67/77 | €5,946 | €10,137 | +€4,192 | +70.5% |
| Profit (loss) for the period | 9904 | €14,102 | €34,564 | +€20,462 | +145.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,102 | €34,564 | +€20,462 | +145.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.